Safety at Misurata – The Most Stable City in Libya
Jamal A. El-Ghirani, Investment General Manager at Misurata Free Zone, talks about safety at Misurata Free Zone.
Doing business in Libya: Benefits and Privileges for Investors
There is a lot of demand for the investment within the free zone, mainly because of the benefits and privileges that Misurata Free Zone has to offer.
Libyan Airlines to become the leading airlines in Libya and surrounding region
Khaled Ben Alewa, CEO of Libyan Airlines
After the revolution and in fact during the revolution, the delivery of aircraft was postponed and we had to reschedule. Libyan Airlines are increasing their capacity with 3 A320s and 2 A330, thereby expanding their overall network. The Airlines are now flying to London, Manchester, Madrid and Malta while they are still oblidged to use leased aircraft. The company might also expand their routes to places further than Dubai in the eastern area. Once Libyan Airlines successfully adopted European safety requirements, the lifting of the EU ban should follow suit – probably by the end of 2013.
National Oil Corporation of Libya (NOC) hopes to reach oil production of 1.7 MBD by the end of 2013
Dr. Nuri A. Berruien, Chairman of the Board, National Oil Corporation (NOC) of Libya
Libya has two large refineries and it needs to improve the performance of these to decrease the gasoline imports, which currently stand at 80% of the overall oil consumption in Libya. NOC Chairman Dr. Beruuien anticipates there will be three big refineries built in Libya, however it will be the private sector that will play a major role in these investments. 1955 petroleum law of Libya is being revised and NOC is also reviewing their EPSA models to encourage investment in Libya. NOC hopes for an oil production of 1.7 million barrels per day by the end of 2013 while the operating costs remain very low – close to US $5.5 per barrel. Dr. Berruien expects more oil discoveries in Libya as many areas have not been fully explored yet.
Libya’s Trading Sector Gaining Traction
Mohamed Alhanghri, Member of Libyan Businessmen Council
The Libyan Businessmen Council covers many industrial, commercial and production fields, this council is open for all Libyans who are specialized in the fields of trading, industry and services.
Afriqiyah Airways: Strategy and Outlook for the Second Largest Airlines in Libya
Abubaker M. Elfortia, General Manager of Afriqiyah Airways
Since the revolution Afriqiyah Airways has received two new Airbus 320 aircrafts and we will get another Airbus 330 in October at the end of this year. Next year we will get another two A330s and we have signed a contract with the airports for ten A350 aircrafts.
Ghana Education: Overview of the Educational System in Ghana
Prof. Naana Jane Opoku-Agyemang gives her assessment of the education sector in Ghana and discusses partnership opportunities with international organizations and the private sector. She also mentions some challenges in education and shares her vision for the future.
Interplast: Plastic Pipe Solutions in Ghana and West Africa
Interplast is a company that produces high quality plastic pipe solutions for the infrastructural development of water and sewerage in Ghana and West Africa. Its CEO, Arthur Huberts, gives an overview of the company and talks about Ghana.
Libya Telecoms and Broadband service expanding at steady pace amid considering new telecoms law
Libya Sector Analysis
Libya Telecoms and Broadband service expanding at steady pace amid considering new telecoms law
In post-rebellion Libya, the telecoms are up and working and more fiber optic linkages are being established to improve efficiency, but policy makers want to see the telecoms entities devolve from state ownership to private companies.
Industry: Libyan Industrial Policy — 30% of GDP by 2030
Suleiman Ali Al-Taif Al-Fitur, Minister of Industry of Libya
Regarding our plan for industry, the Ministry of Industry has a vision that is to focus on the industrial opportunities in mining in order to raise the country’s GDP; by 2030 we want to increase our contribution to Libyan GDP to 30%.